{"data":{"id":"us-in/ic-6-2.5-4-12","jurisdiction":"us-in","citation":"IC 6-2.5-4-12","heading":"Auction sales; exceptions","body":"Sec. 12. (a) A person is a retail merchant making a retail transaction when he sells tangible personal property at auction.\n(b) Notwithstanding subsection (a), a person is not a retail merchant making a retail transaction when:\n(1) he makes isolated or occasional sales of tangible personal property at auction;\n(2) the sales occur on the premises of the owner of the tangible personal property; and\n(3) the owner of the tangible personal property did not originally acquire that property for resale.","path":["TITLE 6. TAXATION","ARTICLE 2.5. STATE GROSS RETAIL AND USE TAXES","Chapter 4. Retail Transactions of Retail Merchant"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-2.5-4-12","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"eb830b2f2df103aa56eb52723ddca743158600ef88f0671f3944b93a7158b7bd","source_id":"us-in","stale":false,"prev":"us-in/ic-6-2.5-4-11","next":"us-in/ic-6-2.5-4-13"},"notice":"GroundRules: Original legal text. Not legal advice."}